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Port Hedland Iron Ore Exports on the Rise During May

Pilbara Ports Authority has delivered a total monthly throughput of 62.5 million tonnes (Mt) for May 2023. This throughput was a one per cent increase...

Supertanker freight rates jump as Mideast crude exports to Asia rise

The costs of chartering supertankers to move crude oil from the Middle East to Asia have jumped to the highest since April as more...

Dalian iron ore hits 11-week high on China stimulus prospects

Dalian and Singapore iron ore futures rose for a third session on Thursday, as weaker-than-expected industrial growth in top steel consumer China cemented views...

Baltic index extends gains on stronger vessel rates

The Baltic Exchange’s main sea freight index rose for a tenth straight session on Thursday, supported by higher rates across vessel segments. The overall index,...

Celestyal Appoints Janet Parton To The Brand New Position Of Vice President, Business Development – Uk, Europe & Australia

Celestyal, the award-winning, number one choice for travellers to the Greek Islands and the Eastern Mediterranean, continues to invest and expand in key markets...

Korean Shipbuilders Likely to Receive Reflective Benefits from Cross-strait Conflict

A cross-strait conflict between Taiwan and China is creating new opportunities for the Korean shipbuilding industry. Taiwanese shipping companies and ship owners are turning...

Russian Urals crude freight costs from Baltic to India at 6-month lows- trade

Shipping costs for Russian Urals crude from Baltic ports to India for loadings in July eased to their lowest level in six months amid...

Baltic index hits two-week high on smaller vessels demand

The Baltic Exchange’s main sea freight index, tracking rates for ships carrying dry bulk commodities, edged higher on Wednesday, aided by an uptick in...

At least 79 drown, many missing in migrant shipwreck off Greece

A fishing boat carrying migrants trying to reach Europe capsized and sank Wednesday off the coast of Greece, leaving at least 79 dead and...

Dynacom orders 10 new vessels

According to broker reports, Dynacom has placed orders for two very large crude carriers at New Times Shipbuilding and eight 85,000 dwt bulk carriers...

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Nakilat achieves QAR 1.29 billion net profit for the third quarter of 2026

Qatar Gas Transport Company Q.P.S.C. (Nakilat) announced its consolidated financial results for the third quarter of 2026 ended 30 September 2026, with a net...

Navios Maritime Partners remains focused on investment

Navios Maritime Partners, controlled by Angeliki Frangou, is focusing on disciplined capital allocation, fleet diversification and maintaining a strong balance sheet in a shipping...

Capital Tankers announces successful delivery of dual fuel suezmax tanker & new financing arrangements

Capital Tankers, an international shipping company focused on crude oil transportation, provided an update on its fleet and financing status. Delivery of Dual Fuel Suezmax...

Capital Maritime Finance: Strong investor response opens a new chapter for shipping in Athens

Capital Maritime Finance Corp. (CMF) has successfully completed its public offering, attracting exceptionally strong interest. Total bids amounted to approximately €1.1 billion, making the offering...

Nordea posts 3Q2026 financial results

Nordea released its third-quarter financial results.

«Shaping the future of cruise tourism in Greece»: MSC group’s cruise division in Corfu

Representatives of the government, local authorities, port authorities and the tourism industry met on...

Iran’s IRGC Navy says seven vessels hit, warns US of wider response

Iran's Islamic Revolutionary Guard ​Corps Navy said ‌on Thursday that four vessels involved ​in...

Panama Canal reports growth in transits and tonnage in fiscal year 2026

The Panama Canal recorded growth in both vessel transits and tonnage in Fiscal Year...

Trump’s plan to revive sanctioned tankers faces tough sell

A US plan to rehabilitate sanctioned tankers to boost oil supply may attract only...

Hormuz could be ‘redundant’ in five years, replaced by new routes, HSBC CEO says

Investment in alternative logistics routes in the Gulf to mitigate the impact of ​the...

CPP Investments and OMERS reach agreement to sell entire stakes in associated British Ports to a fund managed by IFM Investors

Canada Pension Plan Investment Board and OMERS today announced they have agreed to terms with a fund managed by IFM Investors to sell each...

MPA and China classification society strengthen partnership for a greener, smarter maritime future

The Maritime and Port Authority of Singapore (MPA) and the China Classification Society (CCS) have renewed their Memorandum of Understanding (MOU) to strengthen collaboration...

AD Ports Progressing in Reducing Emissions Intensity of Operations

AD Ports Group announced the release of its 2025 Sustainability Report, in which it highlights significant progress in its decarbonisation plans, including a 6%...

Container throughput at Piraeus’ Terminals II and III rises 15.3% in September

Container throughput at Terminals II and III at the port of Piraeus rose by 15.3% in September, despite many containerships continuing to divert around...

Piraeus Port Authority hosts Chinese delegation from ports, shipping and logistics sectors

The Piraeus Port Authority (PPA) welcomed a delegation of professionals from China’s ports, shipping and logistics sectors as part of a knowledge and experience...